For the followings situations please help me understand the the issues and describe the controls in order to provide recommendations: when everyone has access to the cash in the drawer for small expenditures without a required receipt when a company generated enough cash to cover all the expenses and thus no financial statements are available from previous years when the clerk in charge of checks and payments and reconciliation caused an account to not be reconciled for over a year and overdrawn

petty cash I meant for the first situation